$1,250,000
Active
120 Country Club Dr #21
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Village at Incline HOA allows short-term rentals.
2
Beds
·
2.5
Baths
·
2,088
Sq Ft
About This Property
Mixed-use condominium, work downstairs and Live upstairs. Low elevation Incline Village, directly across the street from the Hyatt Regency Lake Tahoe, business ownership, and income potential in Nevada. No state income tax. Unit is surrounded by restaurants, bars, professional offices, retail, salons, and walking distance to private beaches only blocks away. Enjoy full Incline Village Privileges which includes Diamond Peak Ski Area, two beautiful golf courses, tennis and pickle ball courts, recreation center with indoor swimming pool, and much more.
Listed by Lonny Parsons — Coldwell Banker Select
Listing Details
Status
Active
MLS #
1019023
Price/Sq Ft
$599
Property History
Jul 01, 2026
Listed for sale
$1,250,000
Property Overview
Beds
2
Baths
2.5
Sq. Ft.
2,088
Stories
3
Year Built
1975
Property Type
Condominium
County
Washoe
STR Jurisdiction
Washoe County
APN
130-180-21
Parking
Parking Features
No Garage
Attached Garage
Yes
Exterior & Lot
Lot Features
Level
View
Trees/Woods
Construction
Frame
Roof
Flat
Utilities & Systems
Heating
Forced Air
Financial
Annual Tax
$4,215
HOA Fee
$895 / Monthly
HOA / Community
IPM
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED ANNUAL REVENUE
$142,500
($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%
STR Investment Summary — 120 Country Club Dr #21, Incline Village
Est. Annual Revenue
$24,823
Avg Nightly Rate
$318
Projected Occupancy
21.2%
Cap Rate
0.8%
Structural Score: 49 / 100 (Standard)
· STR Zone: Green
Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.
Payment calculator
$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($250,000)
Home price
$1,250,000
Loan details
30-yr fixed, 6.5%
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